The U.S. Makes It Easy for Parents to Get College Loans—Repaying Them Is Another Story

April 24, 2017Josh MitchellThe Wall Street Journal

Millions of U.S. parents have taken out loans from the government
to help their children pay for college. Now a crushing bill is
coming due. Hundreds of thousands have tumbled into delinquency
and default. In the process, many have delayed retirement, put
off health expenses and lost portions of Social Security checks
and tax refunds to their lender, the federal government.